Holy Smokes, Bullwinkle: U.S. Hiring Slows, paltry 54,000 Jobs added in May
So, Mr. O'Bama, where are all those Stimulus jobs?
We never had a real recovery, only a dead cat bounce. We may already be in a Depression:
- All of the Keynesian economists have crawled out from under their rocks to fool us again after failing Eighty years ago to solve anything.
- Bond yields are almost non-existent.
- Folks are scared of the Market, but there are no "safe" investments.
- Why does the MSM still report an 8.8% not a 9.1 % unemployment rate? It is, in reality, above 15% [or more] counting those who can no longer collect un-employment and those who have simply given up looking.
- The housing crisis is still growing. Housing prices are tanking well below 2002 in my neighborhood. How about yours? More vacant, foreclosed houses turn up every day.... you can't pay a mortgage without an income.
- No new houses are going up, an entire industry lies idle.
- Prices are going up dramatically in stores, but I have read that Obama's & Geithner's inflation stats don't figure in gas and food price increases ... incredible eh?
- People are driving less ... but gas prices are still headed back up. China is buying the excess production and storing it for now and building their own exploration and refining capacity and expanding overseas ... get it?
- Oil goes up because our dollar is worth less. The dollar is worth less because Obama keeps printing more of it.
- We have all the coal, oil sources and natural gas this country needs right here at home. So why does not the President save the country by signing executive Orders to "Drill, Baby, Drill." They mislead [lie] when they say it will take fifteen years to ramp up. Refineries can go up quickly and there is already a massive NG and Shale Oil boom in the USA. Why do we sell it to others when we need it at home?
- The S & P is going to lower our credit rating as a nation and I suspect Obama will use this event to pressure a debt ceiling increase without negotiating serious deficit and debt reduction.
- Biden has strung out budget "negotiations." They are a ruse ... just so Obama can say the GOP won't compromise.
- The Libya Operation is illegally creating more debt ... by the Democrats own law ... what goes around comes around.
- The Obama Operations in Afghanistan ... have cost the lives of thousands of beautiful young Americans and has added dramatically to the debt. ... Is the situation REALLY better there than in 2008?
- Meanwhile as we see the Arab Spring gear up for another Pogrom against the Jews, and as the world grows more anti-Semitic by the day, Obama throws Israel, out friend and ally, under the bus.
- But Obama keeps giving away money and perqs to Foreign Banks, Big Labor, and our Enemies while Americans need work.
- Wall Street, the part not owned by Obama, is warning of a double dip recession ... others warn of a full depression [I agree with this because the markets are contracting and real property is decreasing in productivity, while prices remain static or are rising] But don't expect any truth from Fairy Tale City.
- People are losing confidence and expecting things to get worse.
- This is only a partial list and does not include crimes against the Constitution, Abuses of Power, Failure to uphold the Laws even-handedly, and other concomitant violations of the Constitution by all Branches of the Government.
Read next: The Appeal of Socialism--Part i: The Hunt For Elusive Jobs
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William R. Mann——Bio and Archives
William R. Mann, is a retired Lt. Colonel, US Army. He is a now a political observer, analyst, activist and writer for Conservative causes. He was educated at West Point [Bachelor of Science, 1971 ]and the Naval Postgraduate School [Masters, National Security Affairs, 1982].
